EFSF mandates as Belgian 10 year flies

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EFSF mandates as Belgian 10 year flies

The European Financial Stability Facility and the Province of Quebec mandated banks for new euro benchmarks on Tuesday, following in the footsteps of a highly successful 10 year deal from the Kingdom of Belgium. The Kingdom’s relatively high yields compared to other non-peripheral eurozone issuers helped to boost demand for the trade, according to bankers close to the deal.

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